The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-09-09
FINANCE AND COMMERCE.
Money 8 Per Cent, New York Ex
change Is premium.
eotton auIet - Niddtiug Cotton,
Q L-lSc-Sales To-day I20O
Haies.


THSasDAY EvxEIEs, September s, 1887. !
Money rates are the came 40 for
nerly quoted, s per cent. on call or
time isvorS 10 customers, The supply
Fl loanable funds is ample for oil bust.
ness requirements. The local cotton
market declired l-l8o today in mid
ding and good mddling, other grades
unchanged. New Orleans closed
steady and unchanged; futures steady
and OFF, TO 3 points. AT Liverpool
spoia were quoted f M. good demand |;
futures declined l-l6d, except for
middling, which is unchanged. New
York spots closed steady and un.
changed; f3tures we're dull and steady.
A leading New York cotton circular,
Of date the S.h, says Of the future mar
ket: cotton contracts rather tame
pretty much all da, on a shrink
age OF 4@5e; however, there was more
demand brought out. A! the close
there was a small fractional recovery,
but a qiiss market. Spots remain
stcTdy, bu: new cotton to arrive is Of.
Tered at somewhat easier rates"
The New York CONNIE .cisl Chroni-
Gle OF the TIN. in discussing the COZ.
Tract market, states that "to o very
large extent tho deasnd was simply
local covering against the compare
sys'y liberal smount Of ceiling In.
sulged in 1t the close OF last week,
when on the advantage glined through
the Iou. Of the lorg' the position had
avery tame look and undue addition
was made 10 the short side. Some
orders, however, came In tom cut,
side scuTCes, iHcluding a representa-
ton Of both foreign and Southern
Interest. Tie movements OF buyers
were urqusst,onsbly fastened by The
crop !eports, which are 80 persistently
repeated ia bad form from certain
sectors til t the feeling is that where
so much smoke arises there must be
some FIRE. Especially does this spply
10 the Memphis district, where the
damsgo Is claimed to be serious, and
operators from that locality have fol-
lowed their uniavorable advice with
buying orders. l. may be noted.
however, that Texas reports com.
mence TO take much better form, and
now In many cases gssert that bene-
fetal Taiae have OF late been 30 gen.
eral throughout the stats as TO not
only rem most OF the threate ned
danger, on 90 l6ad 10 exp. esslons OF
belief thai With late frost aud q good
picking season an increase OF esti.
mated gowih oin b. made"
The groosry market is steady, with
further gain in the line Of valuee for
both law and rsfoed sugars. Toe
movement In Rio a1d S ntos grsdes o.
sJf1ec continues moderate.
IMP Rrs.
Thirty icur brls apples, "a pigs but.
ter, 225 7o.iE begging, 2ll pkgh uacou
AL pkss boots and ehoss, 1000 bu
corn, 20 pksa cheese, $50 fks coffee,
773 eEs cotton Ceet, . cars cotton
Geed, 10 orls cement, 10 pkgs dry
goods, % pkgs eggs, 800 brs Alur
722 bales hay, Is aosd cattle, 20 head
hoTes Rrd mulee, ~ pkgs lard
Ill 000 Re, lumber, % pkgs Iiqu ri
eOO bIls lime, 200 bu oats, 20 Dris
onions, ~ bf's potatoes, 100 brls pork
2cs-s ro,k SIDES, l02 kgs rise, BIC
brls sugar and 5l1 pkg' tobacco.
1IyAToR Reports.
Tho following shows the amount o
grain received, wi hdIswn snd In ator,
by TeRr ar elevators, - reported &
the Merchant EI hsngs today
Wheat-.Iu store, 53,2ii buihsls
Conn., ceiyeu,5l bushels; with
drawn, s14 b1Fh..a; IN store, $40.
bushes. Oais-gscciyed, g3i bush
ole; Withdraw, 2j4j bushels; ~ stsTe
20,ySj busAela.
sa